Salesperson Yvonne wants to know whether she must report a felony conviction she received in another state to the North Dakota Real Estate Commission. Under NDCC Chapter 43-23, which of the following is correct?
Correct Answer
A) Yvonne must report the conviction to the NDREC because a felony conviction is a ground for disciplinary action regardless of where it occurred
Under NDCC § 43-23-11, a felony conviction is among the grounds for disciplinary action against a North Dakota licensee, and this applies regardless of the state in which the conviction occurred. Licensees are required to report criminal convictions to the NDREC, and failure to do so can itself constitute a separate ground for discipline.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
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